GEICO, the second-largest private passenger auto insurer and one of the fastest-growing major auto insurers in the U.S., will open a new service center and create 500 new jobs over the next five years starting with sales and customer service professionals for its GEICO Insurance Agency.
“Kansas’ business-friendly climate continues to attract innovative, pioneering companies like GEICO,” said Kansas Governor Jeff Colyer, M.D. “We appreciate GEICO for recognizing Kansas as a state where financial services firms can be very successful, and welcome GEICO’s decision to choose Kansas as the location for this new support facility. We are looking forward to future growth of this partnership.”
GEICO evaluated multiple locations across the U.S. for this operation, choosing to invest almost $10 million in a 55,000 sq. ft. office at 11214 Renner Road in Lenexa, Kansas. The company will begin hiring immediately and expects the location to be operational in August, 2018.
“All of us at GEICO are thrilled to make the Kansas City area the home of our newest office,” said GEICO Chairman Tony Nicely. “We are looking forward to being part of this vibrant community and adding talented people to the GEICO team.”
“To have a company with such an amazing brand and quality reputation as Geico invest in our community is very exciting,” said Lenexa Mayor Mike Boehm. “This is great news for Lenexa and the region. We are proud to welcome them to our city.”
KCADC was proud to work with a number of regional partners in attracting GEICO to the region: State of Kansas, Kansas Department of Commerce, Lenexa Chamber of Commerce and EDC, City of Lenexa, KCP&L, Johnson County Community College, University of Kansas – Edwards Campus, Kansas State University, CBRE, JLL, JE Dunn Construction, the University of Kansas Health System and the Kansas City Veteran Coalition.
“GEICO is investing in the KC region at the perfect time,” said Tim Cowden, president and CEO, Kansas City Area Development Council. “GEICO joins a business community that is committed to accelerating job growth and economic prosperity in Kansas City, and our region is competing more aggressively than ever for high profile corporate investment, well-paying and highly-skilled jobs, and top global talent.”
GEICO is a member of the Berkshire Hathaway family of companies and is the second-largest private passenger auto insurance company in the United States. GEICO, which was founded in 1936, provides millions of auto insurance quotes to U.S. drivers annually. The company is pleased to serve more than 16 million private passenger customers, insuring more than 27 million vehicles (auto & cycle).
The Kansas City Area Development Council serves the 18-county, two-state Kansas City area by marketing the region’s business and lifestyle assets to companies around the world. Working closely with its 50+ state, county and community partners and its more than 60,000 jobs over its 40-year history. KCADC ranks as the number on economic development organization in the nation based on a survey of its site location consultant clients (DCI Winning Strategies Survey, 2017), and leads the efforts behind the KC Animal Health Corridor, KC SmartPort and TeamKC.